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Nov 8, 2012
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you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a serious revolt in his own caucus. >> tom: is your caution then don't expect a fiscal clip solution before january 3rd? is that what investors to expect? >> the best way out of this impasse for the time being, is gracious gesture for the president-elect, re-elect, president obama, he should offer to extend the tax cuts perhaps until march of next year. giving john boehner an opportunity to win his own re-election, and gather some goodwill on the republican side of the aisle. if mr. obama doesn't see it that way, we're in for a rough ride until next januar
you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a...
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Nov 11, 2012
11/12
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WBAL
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president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner can't get his people behind him. boehner always gets his people behind him but the president has to bring something forward. chris: i'm thinking there's a possible deal there where boehner says i can release enough people for to you join your side, and you can get it passed. >> the tea party has been folded into the republican party them. don't like it. but -- chris: here we go, the big question for the president. does he go hard left, push for big tax increases on the rich? hold out for the toughest, most progressive program which will be applauded by the people on the left and say, they're already
president obama is lucky to have john boehner on the other side that have table because john bainer is not a crazy person. and he can work a deal. right now he simply does not have the votes. but -- again, the president does have to lead here. he has to bring something to the table. he has to be willing to give some that so that john boehner can bring his people to the table, too. but he can deliver. he's been mischaracterized i think. it's convenient for the white house to say, oh, boehner...
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Nov 10, 2012
11/12
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WETA
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let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next year. i think they will get past the cliff. if he insists on raising rates, he will be stymied. >> what is the message? >> it is a mixed message. i think we all agree the cornerstone of the president from message is we raise taxes on those earning over $250,000. mitt romney pledged to repeal obamacare. these are the essential points of their candidacies. i think he can point to that. but at the same time, he has to deal with the republican house and john painter has to deal with the republican house. john boehner -- he is not being humbled by saying that he is the best that the president has in the republican
let's rise above the this function and do the right thing for our country. >> later john boehner told diane sawyer he is the most reasonable, responsible person in washington and the president knows that. the fiscal cliff looms at the end of the year. will we reach a compromise before then, charles? >> i do not think it will be a comprehensive compromise. i think they will be able to patch something together. i think they will be able to agree on it true tax reform sometime next...
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Nov 10, 2012
11/12
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do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because the voters have spoken. also the senate democrats picked up seats across the country. now they're one region. so they're clear about that. and the president's always going to be open to different ideas, but not change the goals. and the goal is not just an economic strategy based on austerity, but one that is pro-growth, pro-middle class, that allows job creation while you're bringing fiscal discipline to washington. it's not one or the other, it's both. and obviously john boehner is wanting to work with the president. he's already expressed some opening to go that. it's going to take a while to get th
do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because...
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Nov 10, 2012
11/12
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CURRENT
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>> eliot: that's the pressure that needs to be brought to bear on john boehner. the president could say okay, mr. speaker, you don't want to raise the marginal rate. here's the five loopholes that we're going to close that will get us the revenue we need, and the first one is the capital gains rate. we'll eliminate the different actual that is one essential piece. is that what you want to do? i would like to see boehner smoked out of the ambiguity that he has gotten away with. otherwise, i don't see the negotiation going forward, and the president needs to pressure him on that. >> i think we do need to smoke him out. simpson-bowles has laid out this framework. i don't endorse every specific particular but it's something that we should work with. what needs to be pointed out within that framework they assumed as part of their baseline that we would get the revenue that would come from raising that top rate from 35% to 39%. that was part of the assumption in simpson-bowles. we need to be really careful that we don't box ourselves in in a way that ultimately we don'
>> eliot: that's the pressure that needs to be brought to bear on john boehner. the president could say okay, mr. speaker, you don't want to raise the marginal rate. here's the five loopholes that we're going to close that will get us the revenue we need, and the first one is the capital gains rate. we'll eliminate the different actual that is one essential piece. is that what you want to do? i would like to see boehner smoked out of the ambiguity that he has gotten away with. otherwise,...
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Nov 9, 2012
11/12
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FOXNEWS
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. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out there, it's a bunch o
. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given...
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Nov 16, 2012
11/12
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CNBC
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he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're ashamed of it. >> if we do get our house in order, future of america is really bright. if we don't, we're well on our way it to becoming a second rate power. >> bowles sees a one third chan of a deal during the lame duck session of congress. a one third chance nothing gets done and the economy moves into chaos. let's hear in michael gurhka. the economy moving in to chaos, is that why we're seeing this market action? >> i'm not surprised because on the equity side, it's always about confidence and right now a lot of politicians have not given the market any confidence whatsoever. so
he meets with harry reid, mitch mcconnell, john boehner and in an say palau and i. in an say pelosi. speaking on on thursday, simpson and bowles said washington hasn't been able to resolve the fiscal cliff because lawmakers haven't been focused on what's right for the country. >> leaders think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we can win more as democrats if we let it go or more as complains. people are sick of that and they're...
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Nov 8, 2012
11/12
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CNBC
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what did john boehner say yesterday? was he signaling a deal, was he opening the door or is the door still slammed shut for these two parties to reach an agreement before year end? >> after having watched the white house and republicans in congress bludgeon each other to death for the last two years on the deficit, yesterday the whous said they wanted to work with the republicans, they didn't draw a line in the sand. and speaker boehner had much the same thing to say. he said he wants on to get a deal. i think both the white house and republicans are looking for a way out of this at this point and they can't cave immediately. there will probably be points where it look tsz like the wheels have come off, but i think the initial rhetoric was all positive. they're looking to reach out and cut some sort of deal and talks have already begun. >> you singled out two important phrases, one being new revenue and the other being reform. again, do these signal the gop is moving towards some sort of agreement with obama and what are
what did john boehner say yesterday? was he signaling a deal, was he opening the door or is the door still slammed shut for these two parties to reach an agreement before year end? >> after having watched the white house and republicans in congress bludgeon each other to death for the last two years on the deficit, yesterday the whous said they wanted to work with the republicans, they didn't draw a line in the sand. and speaker boehner had much the same thing to say. he said he wants on...
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Nov 8, 2012
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john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser. ann stevens will be our guest tonight in her first u.s. television interview. >> the sister of the slain u.s. ambassador libya. good idea. i'm looking forward to that. thanks, erin. thieves carry out a dramatic heist rolling up to a jewelry store inside a london mall. get this on motor bikes and it's all caught on tape. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ male announcer ] a europea
john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser....
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Nov 11, 2012
11/12
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i believe if you let john boehner be john boehner he would make a good deal for the country. but if tea party continues and prevent them from leading thon issue and compromising where he has to then i think they're in more trouble than they are today. host: is this a reagan move? guest: that's a classic example i think. they had a great relationship and they didn't compromise their principles. ronald reagan didn't throw his principles out the window. he was willing to sit down. ronald reagan he raised taxes seven out of eight es years he was in the white house. and in honor of ronald reagan we have to sign a pledge never to raise taxes. that's caca. how about barack obama and chris christie, it's possible for them to work together and that's what the american people want. host: nancy me loss si fell short of recapturing the house the democrats picking up seven seats. i'm wondering if she's going to step down or a leadership fight within the party. guest: nancy is a great leader and a long time friend of mine. another former chair of the democratic party by the way. i don't kn
i believe if you let john boehner be john boehner he would make a good deal for the country. but if tea party continues and prevent them from leading thon issue and compromising where he has to then i think they're in more trouble than they are today. host: is this a reagan move? guest: that's a classic example i think. they had a great relationship and they didn't compromise their principles. ronald reagan didn't throw his principles out the window. he was willing to sit down. ronald reagan he...
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Nov 8, 2012
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talk to john boehner and see what he would agree to. but there will be no logical appropriations process with respect to those issues in the lame duck. >> who will be among the frist -- first of the cabinet secretaries asked to the the id ministration? >> i will refer to my democratic party. i have some nominations. usually people off their resignation. my sense is a lot of the folks of artists and their living so that probably will take place. given the fiscal cliff, is there a need to provide socratic the -- to provide some clarity sooner than later? >> yes. >> how soon? >> tomorrow. [laughter] the markets are not freaking out right now. , you cannott's count on washington as a general philosophy. they're not sitting there with brest say are they going to do. their expectations are low at the moment. >> based upon your experience in congress, do you see and opportunity for tax reform >> it is a good question. obviously it could be part of their grand bargain. it could be the vehicles and provide some revenue as part of the overall sol
talk to john boehner and see what he would agree to. but there will be no logical appropriations process with respect to those issues in the lame duck. >> who will be among the frist -- first of the cabinet secretaries asked to the the id ministration? >> i will refer to my democratic party. i have some nominations. usually people off their resignation. my sense is a lot of the folks of artists and their living so that probably will take place. given the fiscal cliff, is there a...
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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Nov 8, 2012
11/12
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MSNBC
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john boehner is dealing tw two tensions. he's trying to explain to his conference they have to increase leverage. they don't want to see a middle class tax hike as a result of them standing firm on all the brackets and then us going over the cliff and them being blamed. a political fight that would bruise them through 2013 and into '14, the year they want to pick up a majority in the senate and consolidate their majority in the house and look to the white house in 2016. so he's trying to convince them of the longer view while dealing with the fact many of them are extremely frustrated. they don't believe obama has a mandate, and they want to -- you know, they're spoiling for a fight. he's trying to work through thanksgiving. we're going to see any meat on this bone until after thanksgiving. everyone will take a time to sort of lick their wounds, and then he's hoping the leadership is hoping they can convince the conference to get this off of the table so there's no longer government on the brink and an emergency all the time
john boehner is dealing tw two tensions. he's trying to explain to his conference they have to increase leverage. they don't want to see a middle class tax hike as a result of them standing firm on all the brackets and then us going over the cliff and them being blamed. a political fight that would bruise them through 2013 and into '14, the year they want to pick up a majority in the senate and consolidate their majority in the house and look to the white house in 2016. so he's trying to...
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tears on barack obama's cheeks, looking a bit like john boehner can. but, now, they will battle. for the past four years up here, republicans had been super unified. not one defecting in some of the biggest fights. but, now, before his second term even begins, president obama is vowing to get gop allies for this fight. i'm steve handelsman, news 4, capitol hill. >>> vice president joe biden will soon have two sons in the military. his youngest son, hunter, will join the navy. he will be commissioned into the navy reserve early next year assigned to the public affairs department. hunter just has to pass the required medical tests and training because he's 42, he needed a special waiver to join the program. biden's oldest son, bo, is a member of the army national guard. he serve d a year-long deploymet in iraq. >>> the name george bush may soon appear on ballots. george p. bush filed paperwork. he is the nephew of former president george w. bush and the son of jeb bush. the youngest bush has not said what office he's seeking. >>> it's still unclear who was at fault when a metro bus
tears on barack obama's cheeks, looking a bit like john boehner can. but, now, they will battle. for the past four years up here, republicans had been super unified. not one defecting in some of the biggest fights. but, now, before his second term even begins, president obama is vowing to get gop allies for this fight. i'm steve handelsman, news 4, capitol hill. >>> vice president joe biden will soon have two sons in the military. his youngest son, hunter, will join the navy. he will...
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boehner knowledge that the fight about obamacare is over corn a.b.c. news when asked about future prospects of trying to repeal obamacare in the house. speaker boehner accepted that the fight was over saying this. you had said next year that you would repeal health care of that still your mission will either do much and it's pretty clear the president was related to obamacare is the law of the law. though he did later backtrack from those comments on twitter so does this mean that the republicans are going to give up on trying to repeal obamacare law well i think there's you know it's certainly a political advantage to be gained for republicans in the fact that you know as the regulations the the law sort of spelled out come into play they go into effect more people get access to inexpensive health as health care becomes more expensive and so on you know i think it's going to be a good opportunity for republicans to point out you know even even if they decide that they're not going to make a concerted effort anymore to essentially have a we told you so
boehner knowledge that the fight about obamacare is over corn a.b.c. news when asked about future prospects of trying to repeal obamacare in the house. speaker boehner accepted that the fight was over saying this. you had said next year that you would repeal health care of that still your mission will either do much and it's pretty clear the president was related to obamacare is the law of the law. though he did later backtrack from those comments on twitter so does this mean that the...
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Nov 9, 2012
11/12
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KNTV
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. >> house speaker john boehner also spoke today. he said this is president obama's moment and his chance to show he can lead congress to a bipartisan solution. >>> it is a flat out no comment so far from redwood city electronic arts after news one of its video games may cost one of its members s.e.a.l. team 6 team's their job. they were paid to help design those games, right? >> i'm he going to tell you right now, that's not unusual. i've met with video game designers for almost 20 years now. at those meetings you often meet with military consultants who help them. in fact, the army has its own video game designed by the army. the problem with this new video game, medal of honor war fighter, is the consultants were navy s.e.a.l.s., special forces. they're supposed to be far more secret. the defense department has told news agencies that several members of the team, including one member who participated in the killing of osama bin laden, have been officially reprimanded for revealing secrets to the game maker. in the military, that c
. >> house speaker john boehner also spoke today. he said this is president obama's moment and his chance to show he can lead congress to a bipartisan solution. >>> it is a flat out no comment so far from redwood city electronic arts after news one of its video games may cost one of its members s.e.a.l. team 6 team's their job. they were paid to help design those games, right? >> i'm he going to tell you right now, that's not unusual. i've met with video game designers for...
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Nov 11, 2012
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we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a deno, ma'minator. the numerator is about sustaining growth and paying debts. i think it's known that we need to establish both. it's not going to be a big jump, and i think richard is correct in reminding us this is a long haul, and let's focus on both the numerator and the denominator. >> the point steven has just made, and i will point out as well, you cannot have it both ways. you cannot remind us on the one hand that there is a $1.6 trillion deficit and on the other hand say we won't have tax raised. >> this is america. we've been doing that for 25 years. >>
we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a...
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. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtually every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a willingness to compromise. >> we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: the newly elected congress looks almost exactly like the last one. the same partisan divisions, maybe even a little bit deeper, that led to failure last t
. >> reporter: from speaker of the house john boehner, to the newly re-elected president, an olive branch. >> mr. president, the republican majority here in the house stands ready to work with you. >> reporter: they better work together. if they don't strike a deal to cut the deficit in just 55 days, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big...
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Nov 10, 2012
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john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get -- close the loopholes and the tax system, get rid of a lot of the carveouts. and a lot of those carveouts the people who benefit from those are rich people. i think republicans are willing to compromise on this. i have to say this. i'm frustrated with all of you on this because, yes, we have a fiscal cliff that's going to hit on january. but let's not forget the whole context of this. we are running $1.2 trf did he ever sits. >> david walker is banging on this drum as well. >> the key is we have to avoid the fiscal cliff. we also have to address the much bigger fiscal abys
john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get --...
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Nov 8, 2012
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look, i think the white house was pleasantly surprised and open to what john boehner said. i mean, obviously, they appreciated what they thought was a very thoughtful and well thought out position that speaker boehner made publicly about where he sees the negotiations, where he's publicly putting out there where he's willing to move for now. obviously, everything's in negotiation, everything's a little bit of posturing. but it certainly was a much different tone, for instance, than what came out of mitch mcconnell's office office the election, and we've plowed through that plenty. i think what you're going to see now is the white house wants to attack a little bit of time, be thoughtful how public -- what they say publicly versus how much maneuverer ability is there. the other unnamed player is chuck shumer. chuck schumer publicly said i like simpson bowls in the it made an effort but i don't like what they're trying to do with taxes. we can't do this with tax reform. taxes should go up. he wants to move the negotiating position on the democrats in a little bit of a differe
look, i think the white house was pleasantly surprised and open to what john boehner said. i mean, obviously, they appreciated what they thought was a very thoughtful and well thought out position that speaker boehner made publicly about where he sees the negotiations, where he's publicly putting out there where he's willing to move for now. obviously, everything's in negotiation, everything's a little bit of posturing. but it certainly was a much different tone, for instance, than what came...
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but john boehner has to be given some kind of cover so he can bring 140 republican votes with him. it will be very difficult to do a. obama will have to immediately decide whether he wants to go off the cliff with the bush tax cuts, or if he will try to get something big and mushy like tax reform. it will have to be massaged in such a way through increased revenue and more money flow and fees. anything to avoid that horrible thing called a tax increase. >> we heard the last panel talked a little bit about redistricting and the impact on partisanship, especially in the house. the senate has gotten more ideological itself after last night. the democrats coming in include this gamut from elizabeth warren to heidi high camp. republicans, there are not many of them coming in, but jeff flake is on the oversight. >> jeff blake is a pro vote when it comes to climate change. elizabeth warren was a republican candidates through the clinton years. the system -- director of the office of federal planning at the trade c
but john boehner has to be given some kind of cover so he can bring 140 republican votes with him. it will be very difficult to do a. obama will have to immediately decide whether he wants to go off the cliff with the bush tax cuts, or if he will try to get something big and mushy like tax reform. it will have to be massaged in such a way through increased revenue and more money flow and fees. anything to avoid that horrible thing called a tax increase. >> we heard the last panel talked a...
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now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reforl. >> now, when i hear that, i don't hear i'm okay letting taxes go up on some people. i hear i'm okay closing loopholes and deductions where some high income earners may pay more than others. is that a deal you could work with? >> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magi
now, john boehner had something to say today about revenue. by revenue, everybody, we're talking about, well, that's the whole point. there's different things we could be talking about. here's john boehner. >> there will be many who will say that with the election over, we should confront the first of these challenges by letting the top two tax rates expire and pushing the sequester off. it won't get us out of the problem and it will also hurt our economy. because the american people...
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martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the house to move and vote with the democrats, but i don't think he should do something like that. i think the republicans should stick to their principles, free market, progrowth supply side economics and let the chips fall where they may and that's what i think john boehner should do. martha: thank you, art. saying that people involved are good men and they should be able to get in there and work this out and it wasn't a bad election to lose and you're optimistic about the future. bill: you know what didn't stop throughout the elections. martha: what? bill: ca
martha: what about john boehner's role in all of this? i'm curious about who the faces and voices are that we'll be watching closely as they try to hash this out. >> john boehner is also a very fine man, and congressman from ohio, good family, good background, good man. he's in a very tough spot. he could do a compromise without getting the agreement of people like cantor and ryan, he could do it, but i think he'd be very mistaken to do that. he could get 50, 60, 70 republicans in the...
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you've got to respect john boehner for the following thing. he's willing to do a deal with president obama. i think they have a good personal rapport and expect the deal to get done. >> whitney, do you think if a deal includes reeve knew coming from somewhere but not a tax, would that be acceptable from the point of view that you represent? >> i suspect that it won't be and there will be increased revenues. so i think it's going to be three things. increased taxes. what that level looks at, is it 250 million or above, that's under any foesh yags right now. anthony and i were talking we're both in agreement it should be capped at $500,000. as an example and then thirdly democrats are going to have to touch the third rail for them which is entitlements which they're willing to do that, but only in the context of giving on the wealthiest side who can afford to give more. >> you have stod by the president both figuratively and literally at times on this issue. as an investor, as a hedge fund manager, what do you want to hear from the president tod
you've got to respect john boehner for the following thing. he's willing to do a deal with president obama. i think they have a good personal rapport and expect the deal to get done. >> whitney, do you think if a deal includes reeve knew coming from somewhere but not a tax, would that be acceptable from the point of view that you represent? >> i suspect that it won't be and there will be increased revenues. so i think it's going to be three things. increased taxes. what that level...
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speaker of the house john boehner who will remain the most powerful in washington another two years think voters instead wants to compromise. >> the american people have spoken. they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to xroe mis-- compromi. now americans know they can't defeat obama now they need to put attention on meeting somewhere in the middle on important issues. >> this is a message american people sent from all over. that is they are tired of these partisan grid locks. they are tired of things like well i have one goal to meet be obama. that's gone. obama was re-elected overwhe overwhelmi overwhelmingly. american people want us to work together. >> we will find out soon if there will be compromise like both of the leaders that they both said because we are less than two months away from the fiscal cliff. long-term unemplo
speaker of the house john boehner who will remain the most powerful in washington another two years think voters instead wants to compromise. >> the american people have spoken. they re-elected president obama and they again re-elected a public majority in the house of representatives. there's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> the democratic leader of the senate harry reid also expressed a desire to...
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. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's also a willingness to get something done an
. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is...